Answer:
Profit for First half of the year is $450,000.
Step-by-step explanation:
Let the profit for second half of year be x
Now Given:
Profit in the first half of the year is $150,000 more than the second half of the year.
Profit in first half = [tex]\$150,000+x[/tex]
Total profit for the year = $850,000
We know that Total profit for the year is sum of Profit in first half and Profit in second half
[tex]150000+x+x=850000\\150000+2x=850000\\2x= 850000-150000\\2x = 600000\\\\x=\frac{600000}{2}=300000[/tex]
Profit for Second half of year = $300000
Profit for First half of the year = [tex]150000+x = 150000+300000=\$450,000[/tex]
Hence Profit for First half of the year is $450,000.
